What is the age and value of Iver Johnson 32 caliber 5-shot revolver serial 50705?

I am trying to reconstruct the serial number sequence and markings used by Iver Johnson on their carbines. Answer six simple questions, your assistance would be sincerely appreciated. Please refer to this web page for simple instructions.

Due to a number of changes in ownership the history of Iver Johnson's can be a bit confusing. Will cover the time period M1 Carbines were manufactured under the Iver Johnson name and it's variations. When they produced carbines may wish to pick up a copy of Iver Johnson's Arms & Cycle Works Firearms 1871-1993 by W.E. Goforth.

The history of Iver Johnson's M1 Carbines began in 1975 and had nothing to do with the man named Iver Johnson, other than the use of the reputation that came with the name. Iver Johnson began his gunsmith career in Bergen, Norway at the age of 16 in 1867. In 1863 Iver Johnson immigrated to America and settled in Worcester, MA.

Johnson & Bye Gunsmiths. In 1882 his partnership with Bye ended and Iver continued on as Iver Johnson & Company Revolvers, also known as Iver Johnson Arms Company. Iver moved the business to Fitchburg, MA and the Iver Johnson owl logo began to appear.

In 1894 Iver purchased a bicycle shop in Fitchburg and changed the company name to Iver Johnson's Arms & Cycle Works. Business was run by Iver's sons and one of his grandsons, who sold the business to Louis Imperato in 1973. Smith & Wesson.

The John Jovino Gunshop in Brooklyn, NY was started by the man whose name it retains.